Scout24 (ETR:G24) PT Set at €66.00 by UBS Group

Scout24 (ETR:G24) received a €66.00 ($76.74) target price from stock analysts at UBS Group in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 19.13% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Barclays set a €51.70 ($60.12) price target on shares of Scout24 and gave the company a “neutral” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. set a €66.00 ($76.74) price target on shares of Scout24 and gave the company a “buy” rating in a research note on Monday, December 2nd. Kepler Capital Markets set a €61.50 ($71.51) price target on shares of Scout24 and gave the company a “buy” rating in a research note on Wednesday, December 4th. HSBC set a €64.00 ($74.42) price target on shares of Scout24 and gave the company a “buy” rating in a research note on Friday, November 29th. Finally, Royal Bank of Canada set a €49.00 ($56.98) price target on shares of Scout24 and gave the company a “neutral” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. Scout24 presently has a consensus rating of “Buy” and a consensus price target of €56.13 ($65.27).

Shares of G24 stock opened at €55.40 ($64.42) on Monday. The firm has a market capitalization of $5.96 billion and a PE ratio of 40.20. The firm has a fifty day simple moving average of €53.99 and a two-hundred day simple moving average of €50.74. The company has a current ratio of 1.52, a quick ratio of 1.42 and a debt-to-equity ratio of 75.12. Scout24 has a 12 month low of €35.86 ($41.70) and a 12 month high of €56.85 ($66.10).

About Scout24

Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24, AutoScout24, and Scout24 Consumer Services segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate properties, as well as offers support services, such as customer acquisition and care for business real estate professionals.

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Analyst Recommendations for Scout24 (ETR:G24)

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